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Posts tagged “European Trade”

 
European road freight prices leap as available capacity plummets 
 
European road freight spot prices jumped by more than 8% in May to a three-year high as available capacity plummeted to a three-year low, according to the latest monthly analysis by Transporeon, which attributed the changes largely to signs of economic recovery after the worst effects of the pandemic. 
 
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DFDS LAUNCHES NEW SERVICE FROM SHEERNESS TO CALAIS 
 
The service will start on the 1st of June and will offer one daily sailing in each direction between the two ports. 
 
The service will be operated by the Gothia Seaways, which can carry up to 165 unaccompanied freight units (trailers or containers without drivers). 
 
For more information, please click on the below link. 
 
 
Disruption to cross-Channel trade if France added to COVID 'red list' 
 
Travel to and from France may be banned to control the spread of a 'third wave' of COVID-19 coronavirus from mainland Europe despite the move creating a risk of “very serious disruption” to food and medicine supplies, according to Boris Johnson. 
 
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New EU country measures bring border chaos to goods transport 
 
The International Road Transport Union (IRU) has urged the European Union (EU) to “stand firm” against new COVID-19 measures imposed by several member states,which it says are beginning to cause chaos to goods transport by road across Europe, in particular, on the key trade route from Italy northwards across the Brenner Pass, as well as on East-West corridors. 
 
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Felixstowe completes ro-ro upgrade 
 
Work to allow the Port of Felixstowe to accommodate larger ro-ro vessels and improve the efficiency of vessel operations has been completed, the port’s operator revealed this week, reporting rising volumes in recent weeks due to the UK’s new import requirements for EU goods. 
 
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Sharp decline in EU-UK ‘short strait’ truck volumes 
 
Truck volumes on short strait cross-Channel services in January showed a sharp decline on the same month last year and are understood to still be well below their normal levels in the first days of February, with one effect being that the new UK-EU customs clearance and other freight procedures have yet to be fully put to the test. 
 
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Decline in UK road-borne exports also hitting imports 
 
A lack of demand for road freight capacity from the UK, as a result of export volumes to the EU falling well short of normal levels almost one month after the end of the Brexit transition period, is making it difficult for importers to find trucks willing to make the journey to Britain because it is less financially worthwhile for hauliers than was previously the case, according to the Road Haulage Association (RHA). 
 
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Record Asia-Europe ocean freight rates rise further 
 
As prices soar to multiple times their normal level, further hikes are expected later this month, with equipment shortages, port delays and lack of capacity set to continue right up to lunar new year in mid-February
 
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UK logistics industry welcomes Brexit trade deal 
 
The logistics industry has welcomed the signing of a Brexit trade deal between the UK and the EU while highlighting the changes that lie ahead from the beginning of next year and the need to be fully prepared. 
 
In broad terms, the agreement makes provision for the UK and the EU to have access to each other's markets, ensuring that imported goods will not be subject to tariffs or quotas, although they will still be subjected to checks and controls. 
 
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Brexit border ‘catastrophe’ warning over lack of customs agents 
 
UK government ministers criticised for failing to ensure enough customs agents have been trained to handle the expected surge in demand caused by the end of the UK’s Brexit transition period from EU rules from 1 January 
 
To read more, please click on the below link. 
 
 
If you require any information or assistance with customs declarations, contact a member of our team who would be happy to help you. 

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